Citi Research raised its analyst rating for SINOTRUK based on several positive factors, including strong fundamentals, favorable industry prospects, supportive policies, and a positive cash flow outlook. Additionally, the broker increased its dividend payout ratio forecasts for FY2025-2027 to 60%/70%/70% and lifted its net profit forecasts for the same period by 1-2%. As a result, Citi elevated its target price for SINOTRUK from $26.4 to $39.4 while maintaining a "Buy" rating.

BofA Securities

Neutral

maintain

$29

2025-12-03

Reason

BofA Securities

Price Target

$29

2025-12-03

maintain

Neutral

Reason

The analyst rating from BofA Securities for SINOTRUK (03808.HK) was reiterated at Neutral due to the belief that the current share price reasonably reflects the company's growth prospects. Despite this neutral rating, the analysts expressed optimism about SINOTRUK's long-term export expansion and solid position in the local market. The target price was raised from $24.3 to $29, indicating a positive outlook on the company's performance and strategic plans, including a prudent capital expenditure plan focused on overseas production bases.

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03808 Should I Buy

03808 Should I Buy

Should You Buy SINOTRUK (03808) Today? Analysis, Price Targets, and 2026 Outlook.

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